Bank of England Intervenes in Bond Market After Massive Sell-Off
The Bank of England will suspend the planned start of its gilt selling next week and begin temporarily buying long-dated bonds in order to calm the market chaos unleashed by the new government’s so-called “mini-budget.”
Reports & sources
NBC 5 Dallas-Fort Worth
Bank of England Intervenes in Bond Market After Massive Sell-Off (opens NBC 5 Dallas-Fort Worth)NBC 5 Dallas-Fort Worth's feed description
Washington Times
Bank of England to buy U.K. bonds to avert financial risk (opens Washington Times)Washington Times's feed description
Minneapolis Star Tribune
Bank of England to buy UK bonds to avert financial risk (opens Minneapolis Star Tribune)Minneapolis Star Tribune's feed description
Washington Examiner
Bank of England enacts emergency bond buys to stave off crisis after pound crash (opens Washington Examiner)Washington Examiner's feed description